Feb. 27. According to Forbes magazine, the Standard & Poors 500 Index finished 2023 up more than 24 percent thanks largely to the strong performance of a handful of technology mega-caps including Apple, Microsoft, Meta and Nvidia.

Nationwide, wealth advisory teams are still hunting for opportunities and putting client capital to work, though most remain cautious.

The second annual Forbes/SHOOK Best-In-State Wealth Management Teams list features more than 4,100 teams with cumulative assets of $5.1 trillion.

Four of them are here in North Mecklenburg:

4Point Wealth Management, Davidson

Firm: Wells Fargo Advisors
Team: Laura Long, Christine McConnell, Jerathen Tillman, Jay Tillman
Assets under management: $324 million
Statewide ranking: 100

Davidson Wealth Management, Davidson

Firm: Wells Fargo Advisors
Team: Christopher Senvisky, Chris Davis, Michael Davis, Tod Wells
Assets under management: $925 million
Statewide ranking: 72

The Lake Norman Group, Huntersville

Firm: Merrill Wealth Management
Team members: Tom Francomano, Scott Stimson, TJ Francomano
Assets under management: $766 million
Statewide ranking: 39

Utz Keller Wealth Management, Huntersville
Firm: Merrill Wealth Management
Team: Charlie Utz, Robert Keller, Zoran Smiljanic
Assets under management: $869 million
Statewide ranking: 17

Forbes’ list was compiled by SHOOK Research, which uses quantitative and qualitative data, including interviews, to rank teams.

Forbes Best in State